Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Trading at $77.84

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) rose 0% during trading on Friday. The company traded as high as $78.3059 and last traded at $77.84. 50,095 shares traded hands during mid-day trading, an increase of 50% from the average session volume of 33,303 shares. The stock had previously closed at $77.82.

Invesco S&P 500 Equal Weight Utilities ETF Trading Up 0.0%

The firm has a market capitalization of $252.20 million, a P/E ratio of 17.25 and a beta of 0.55. The business’s fifty day moving average is $74.27 and its 200 day moving average is $78.51.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Invesco S&P 500 Equal Weight Utilities ETF stock. Compass Financial Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,938 shares of the company’s stock, valued at approximately $157,000. Compass Financial Management LLC owned about 0.06% of Invesco S&P 500 Equal Weight Utilities ETF as of its most recent filing with the Securities and Exchange Commission.

About Invesco S&P 500 Equal Weight Utilities ETF

The Invesco S&P 500 Equal Weight Utilities ETF (RYU) is an exchange-traded fund that mostly invests in utilities equity. The fund tracks an equal-weighted index of S&P 500 utilities companies. RYU was launched on Nov 1, 2006 and is managed by Invesco.